Location Root Tag

Umpqua Holdings (UMPQ) in Portland, Ore., is continuing to expand across California. The $11.5 billion-asset company said Monday that it plans to open a center in Templeton, Calif., in January to make loans to agricultural customers.

International Bancshares in Laredo, Texas, has redeemed another chunk of the money it received from the Troubled Asset Relief Program.

Commerce Bancshares (CBSH) in Kansas City, Mo., will issue a special dividend ahead of a potential increase in dividend tax rates.

A changing asset mix boosted third-quarter results at Sterling Bancorp (STL) in New York. The $2.5 billion-asset company's rose 23% from a year earlier, to $5.3 million.

Royal Bank of Scotland (RBS) will pay $42 million to settle a probe by Nevada's attorney general into its mortgage-purchase practices before the housing crisis.

Trustmark's company's earnings rose 2% from the second quarter and 9.5% from a year earlier, to $29.9 million. The Jackson, Miss., company said in a press release late Tuesday that higher revenue from insurance commissions and mortgages helped boost its bottom line.

Earnings at FirstMerit, the $14.6 billion-asset Akron, Ohio, bank rose 10%, to $34.9 million in the third quarter, compared with a year earlier, it reported Tuesday. Noninterest expense fell 6.4%, to $108.5 million, over the same period.

F.N.B. Corp. (FNB) in Hermitage, Pa., said late Monday it had agreed to buy Annapolis Bancorp (ANNB), which owns the Bank of Annapolis, for $51 million in stock.

First Defiance Financial (FDEF) in Defiance, Ohio, reported third-quarter income of $5.4 million, up 32% from a year earlier, as credit costs dissipated.

C&I lending exploded at SunTrust in the third quarter, it cleared its balance sheet of some lingering problems and CEO Bill Rogers is bullish on mortgages. But the question remains whether the Atlanta company will need to do more to exorcise the past.

Three banks failed Friday – including two in Florida – and will cost the Federal Deposit Insurance Corp. an estimated $86 million. Regulators seized the $200 million-asset Excel Bank in Sedalia, Mo.; the $159 million-asset GulfSouth Private Bank in Destin, Fla.; and the $67 million-asset First East Side Savings Bank in Tamarac, Fla.

First Financial Northwest in Renton, Wash., a $973 million-asset company, lost $791,000 in the third quarter, compared to net income of $1.4 million in the second quarter and profit of $623,000 a year earlier.

First Horizon Financial National (FHN) saw its stock fall almost 5% in early trading Friday after announcing a $30 million charge tied to loans where the borrower has liquidated debts in bankruptcy court.

Borrowing by homeowners and improving credit quality boosted third-quarter profits at BancorpSouth (BXS) of Tupelo, Miss. The $13.2 billion-asset company said late Thursday that its earnings doubled, to $23.8 million, compared with a year earlier.

Pinnacle, the flagship bank unit of the $6.7 billion-asset Pinnacle Bancorp, agreed last Thursday to buy the $183 million-asset First State Bank of Joplin in Missouri. A day later, the bank announced plans to buy the $139 million-asset Hastings State Bank in Nebraska.

KCB Bank in Kearney, Mo., a unit of Bancshares of Missouri, filed an application this month with the Federal Reserve to assume the assets and liabilities of the $38 million-asset Northland National Bank in Gladstone, Mo.

Jeff Davis Bancshares of Jennings, La., has agreed to acquire Guaranty Capital, as the buyer expands northward in its home state.

Strong mortgage banking revenue boosted third-quarter earnings at Umpqua Holdings (UMPQ) by almost 15% from a year earlier, to $25 million.

Associated Banc-Corp in Green Bay, Wis., announced plans to close a dozen branches a day before it is scheduled to release its third-quarter results.

American State Bancshares in Great Bend, Kan., has taken a small step towards its goal of becoming a $1 billion-asset company.